179 Acre Lake Olivia Monee Township Property
| Status: | Sold |
| County: | Will |
| Township: | Monee |
| Address: | S. Harlem Ave Monee IL 60449 |
| Gross Land Area: | 179.11 |
| Hectare Conversion | |
| Property Type: | Farmland and Recreational |
| Possible Uses: | Farming, Hunting and Fishing |
| Total Investment: | $1,513,471.00 |
| Monetary Conversion | |
| Unit Price: | $8450.00 per acre |
| Sold Price: | $1,450,000.00 |
| Productivity Index (PI): | 99 |
| Value Per PI Point: | 81.78 |
| Buildings: | There are not any buildings on this property |
| Utilities: | There is electric located on the property |
| Zoning: | Agriculture |
For more information contact:
|
Douglas W. Deininger, ALC 1-815-439-9245 1-815-439-9245 doug@deininger-land.com |
|
Goodwin & Associates Real Estate, LLC is an AGENT of the SELLERS. |
Goodwin & Associates Real Estate, LLC 1-815-741-22261-815-741-2226 |
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Property Overview
This 179 Acre recreational property is in a great location to build a home or getaway cottage near the 40 acre lake. (240 Amp service at lake site). It is located within the village of Frankfort Illinois, just one mile west of the I-57/Stuenkel Road interchange. There are approximately 66 CRP acres that currently have an annual income of $9934.00.+ View Brochure
+ View Property Disclaimer and Disclosure.
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Property Video
Property Map
Listing Details
General Information |
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| Listing Name: | 179 Acre Lake Olivia Monee Township Property | |
| Tax ID Number/APN: | 21.14.07.100.025.0000 21.14.07.100.026.0000 21.14.07.100.027.0000 21.14.07.100.028.0000 21.14.07.300.007.0000 21.14.07.300.008.0000 21.14.07.300.009.0000 21.14.07.300.010.0000 |
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| Possible Uses: | Farming and recreational | |
| Zoning: | Agriculture | |
Area & Location |
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| School District: | Crete Monee School District 201U | |
| Location Description: | This 179 acre parcel is located on south Harlem Ave and part of the property is located on Dralle Road in the Village limits of Frankfort. The property is approximately 1 mile west of I-57 interchange at Stuenkel Road. | |
| Site Description: | The 179 acre site is relatively flat with some undulations through out. | |
| Side of Street: | The property is located on the east side of Harlem Avenue and on the north side of Dralle Road. | |
| Highway Access: | The I-57 interchange at Stuenkel Road is approximately 1 mile east and north of the parcel. | |
| Road Type: | The road is asphalt blacktop construction. | |
| Property Visibility: | The property is visible along Harlem Avenue with 1695 feet of frontage. It is also visible on Dralle Road with 634 feet of frontage. With approximately 2150 cars passing daily along Harlem Avenue. | |
| Largest Nearby Street: | The property is located on Harlem Avenue. | |
| Transportation: | There are two Metra stations located within 10 miles, and Midway Airport is 28 miles from this location. | |
Land Related |
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| Lot Frontage (Feet): | The 179 acre parcel has 1695 feet of frontage along Harlem and 634 feet of frontage along Dralle Road. | |
| Tillable Acres: | There are 43 tillable acres on this 179 acre parcel as well as 67 CRP acres. | |
| Lot Depth: | The 179 acre parcel is irregularly shaped. The lot at its widest is 4525 feet from south to north and 2730 feet from west to east. | |
| Buildings: | There currently are no buildings on this property. | |
| Flood Plain or Wetlands: | There are some FEMA flood zones and wetlands on this property. Please see the FEMA Report and Wetland Map in the gallery for further detail. | |
| Topography: | The property is relatively flat with some minor changes in elevation. See the Contour, Topography and Hillshade maps in the gallery for further detail. | |
| Soil Type: | Frankfort Silt Loam(320B) Bryce Silty Clay(235A) Chatsworth Silty Clay (241D3) |
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| Available Utilities: | There is 240 amp electric on the property near the lake | |
Financials |
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| Finance Data Year: | 2019 paid in 2020 | |
| Real Estate Taxes: | The total taxes paid for 2019 was $4434.62 or $24.75 per acre | |
| Investment Amount: | The total amount to purchase this property is $1,513,471 or $8,450/acre | |
Location |
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| Address: | South Harlem Ave. Monee, Il 60449 |
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| County: | Will | |
DOUGLAS W. DEININGER, ALC PROFESSIONAL BIOGRAPHY
As a member of the Illinois Farm and Land Brokers Chapter of the Realtors Land Institute, he was elected state President in 2000. In 2008 he acquired his Accredited Land Consultant accreditation (ALC) and also the Chapter awarded Mr. Deininger the Land Broker of the year award.
Doug has been a speaker at numerous Farmland Seminars sharing his expertise on farm land values, leasing, and 1031 like kind exchanges.
He has been a licensed farm real estate broker in Illinois for over 30 years. Throughout his career Mr. Deininger has sold or acquired approximately 100 million dollars in farm real estate. He has a genuine interest in finding the best possible solution for his clients.
Douglas W. Deininger, ALC
1-815-439-9245 1-815-439-9245 doug@deininger-land.com
is an AGENT of the SELLERS.
GOODWIN & ASSOCIATES REAL ESTATE, LLC
Goodwin & Associates Real Estate, LLC, LLC was established in 1996 as a land brokerage company. We specialize in farmland sales and marketing. We also offer brokerage services with industrial land, commercial land, residential development land and retail development land.
Goodwin & Associates Real Estate, LLC is based in Will County, but has effectively marketed and brokered properties from Metropolis Illinois to Grayslake Illinois. We are a full-service brokerage company with answers to your questions. In our years of experience, we have helped clients with the purchase and marketing of hundreds of millions of dollars in land investments.
Goodwin & Associates Real Estate, LLC
1-815-741-22261-815-741-2226